It may seem a bit disingenuous to say that the real estate market is ideal for entering right now. But when you are thinking about it in a more positive way, you realize that “now” is really the best time you could ever hope for in the world of real estate!
Of course, we’re not talking about the situation around us. Housing sales are down for the most part and a lot of people think we have a long while to go before the market recovers. But “now” doesn’t refer to that. “Now” simply refers to the moment in your life. Real estate can be a long-term investment that yields significant rewards down the road – but you’ll never know that if you don’t get started in it – now.
I just spent 5 days with a student who paid a pretty penny to spend the week learning from me. This is an already established investor that was looking for a few new tricks to gain more traction in his business. We spent the time going over my new strategy I have developed using subject to (sub2 sub 2) that lets me pick up homes all over the country while never leaving my home here in beautiful Belize. My student watched while I received leads from my sources “on the ground” in several cities, got the due dilligence done on these leads, negotiated with banks and closed deals. He now has several new ideas on ways to grow his business and went home a very happy guy. This is the attitude you must take when starting and growing your real estate business. Get in, take action and constantly be learning. Don’t be afraid to fail because failure is a part of the success formula. This mindset will carry you through and virtually guarantee you will succeed.
When you make an investment with fairly predictable returns over the years (the stock market, though volatile, still holds a fairly predictable rate of return over the long haul), you realize that any time in your past would have been a great time to invest your money. This is also true in real estate, the market that holds one of the most valuable commodities we have on our planet: space.
Land, like gold, silver, or diamonds, can be a great investment because it’s limited. Until human beings discover how to land on Mars, we’re going to be stuck on Earth for a while, and that means everyone is looking for space. Land generally goes up over time – so much so that many people simply recommend buying a home simply because it doubles as a place to live and as a long-term investment. Of course there are ebb and flow with real estate as with most any investment but the smart investors know that in the end, the value always increases.
If this makes sense to you, then you’ve probably got what it takes to be a real estate investor. But you can’t only focus on long-term trends; you have to be willing to see short-term opportunities, sales today that could greatly benefit you if you applied yourself to understanding how they worked.
Here’s one thing about real estate many people would like to keep secret: it’s not all that complicated. Sure, there can be a lot of papers to fill out for each transaction and there are a lot of local laws and ordinances to consider in many cases, but once you get involved with real estate, it’s not quite as tricky as you might have thought. Like learning an instrument, it only takes a little perseverance before you’re playing the song you had in your head.
For more information on real estate investing and specifically the subject to, sub2 or sub 2 method of real estate investing, join me, William Tingle, at www.Sub2Deals.com.
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